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Solana blockchain’s WIF token unexpectedly grows by 228%

11:49 am, January 12, 2024

Bluntz, a well-known crypto analyst and trader, toldhis 236,000 followers on the X platform that the dogwifhat (WIF) meme coin based on the Solana blockchain has suddenly eclipsed Dogecoin. According to the chart attached by the crypto expert, Bluntz suggests that WIF could continue its upward momentum and reach a price of at least $ 0.45 — a 228% increase from the current level.

At the time of writing, WIF is trading at $ 0.137.

Bluntz also suggests that WIF could reach a market capitalization of a billion dollars. In turn, this could mean an increase of about 630% from the current market capitalization of $ 136.8 million.

As for Solana SOL $256.16 Solana 3.29% Market capitalization $121.6 billion VOL. 24 hours $1.75 billion , the trader notes says that the fifth-largest crypto asset by market capitalization may trade «for a while in a sideways trend», forming a symmetrical wedge pattern on the three-day chart before resuming an upward trajectory.

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